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    Question

    MT

    Monthly savings of ‘Q’ is 20% more than that of

    ‘P’ and is 44% less than monthly income of ‘P’. Monthly expenditure of ‘Q’ is Rs. 4760 and ratio of monthly income of ‘P’ and ‘Q’ is 15:22, respectively. Find monthly expenditure of ‘P’.
    A Rs. 3840 Correct Answer Incorrect Answer
    B Rs. 2430 Correct Answer Incorrect Answer
    C Rs. 2070 Correct Answer Incorrect Answer
    D Rs. 2775 Correct Answer Incorrect Answer
    E Rs. 2800 Correct Answer Incorrect Answer

    Solution

    Let monthly income of ‘P’ and ‘Q’ be Rs. ‘15x’ and Rs. ‘22x’, respectively Monthly savings of ‘Q’ = 56% × 15x = Rs. 8.4x Monthly savings of ‘P’ = {8.4/1.2} = Rs. 7x Monthly expenditure of ‘P’ = 15x – 7x = Rs. 8x Monthly expenditure of ‘Q’ = 22x – 8.4x = Rs. 13.6x Or, 13.6x = 4760 Or, x = 4760/13.6 Or, x = 350 Monthly expenditure of ‘P’ = 8 × 350 = Rs. 2800

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